January Edition 2022
A smart home means your home has a smart home system that connects with your appliances to automate specific tasks and is typically remotely controlled. You can use a smart home system to program your sprinklers, set and monitor your home security system and cameras, or control appliances like your refrigerator or air conditioning and heating. Smart home devices are not always energy efficient, but most can be utilized in ways that help you conserve energy. When you have smart home appliances, lights, or a smart thermostat, you control when and how these will turn on and function. Therefore, you have more control over your energy usage and are more likely to change your energy consumption habits. When smart homes first became an option, the answer was a bit hazy. But as bigger players join the industry, they’re making it easier for consumers to understand and acquire the technologies needed to get started. SmartRent is bringing smart home automation to property managers and renters. Whether you develop, own or manage multifamily communities, SmartRent platform enables you to control all of the smart devices in your properties. Property managers can monitor all vacant unit activity and remotely control door locks, thermostats, lights and hundreds of other smart devices.
When a unit is filled, the residents can seamlessly control their smart devices through app, giving them an unparalleled resident experience. Smart home technology is in high-demand, as the real estate market becomes even more saturated, Alloy SmartHome will ensure your homes stand out with high-tech smart home technology built-in. Smart home technology provides an elevated living experience, enhancing the home’s value; warranting a higher sales price.
Alloy Access is a frictionless platform that can be utilized to protect communities and assets through the use of control panels, smart access locks and intercoms, with integrations to property management software and customer relationship platforms to keep data in one place. Combining Alloy Access with SmartRent’s other smart home products the company provides customers the ability to create a truly connected community. With Alloy Access, you have the flexibility to choose different access methods for each entry point. Customize how residents, employees and visitors access all perimeter doors, amenity spaces, garages and units. SmartRent’s access control platform is fully integrated with many property management systems to provide one platform to manage, add and remove access credentials within seconds. Users can also monitor visitor logs and receive custom alerts when doors are propped open. User record management and access to reporting has never been easier.
SmartRent’s cloud-based solution removes the need for expensive on-site networking equipment and allows facility managers to monitor the system from any internet-connected device. An access control system allows for easy implementation of a self-guided tours system as well. Self-guided tours let prospective residents tour the property on their own time without the need for a leasing agent to be present.
Smart Home Automation
SmartRent’s asset protection solutions provide peace of mind when it comes to ensuring the longevity of your community. Reduce risk of damage with leak sensors and smart thermostats. Leak sensors are the first line of defense to protect your community against water damage. These discrete sensors can be placed under or near any appliance, such as sump pump, toilets, washing machines, dish washer, water heaters and sinks or anything else that may be susceptible to water damage. If a leak is detected, Community Manager software automatically alerts the appropriate people for immediate action. Acting quickly is vital to avoiding extreme damage and costly repairs. Another part of SmartRent’s asset protection solution is the ability to detect abnormal humidity levels and extreme temperature changes through the use of smart thermostats. This helps protect floors from warping and helps prevent mold from forming. Each property can determine set point thresholds specific to them for automated alert notifications. A connected community is a “curb to couch” concept where an entire property utilizes a variety of smart devices and features that can be remotely managed to provide efficiency, automation and ancillary revenue opportunities. A SmartRent connected community combines in-unit smart home technology with access control system and smart parking platform connected by a community WiFi solution that can be managed remotely using core software platform, Community Manager. SmartRent’s software management platform is appropriately named Community Manager because it mimics the important role a community manager has in maintaining and managing a community.
Community Manager is a web-based software that integrates with many popular property management, customer relations management and other third-party software so all resident and access data can be easily transferred and managed from one robust platform. The days of maintenance team members carrying around a bulky set of keys for unit access are over. Similarly, a smart lock on a unit door provides remote management capabilities for residents (an upgraded amenity offering) as well as the ability to offer self-guided tours once a resident moves out. Smart locks also eliminate the need to rekey a unit door when a resident moves out or gets locked out.
SmartRent’s solution can be deployed in a new development or added to existing structures in a retrofit capacity. It can also be installed in any property type, from a low-rise clustered garden-style to an urban mid-rise or skyscraper. SmartRent is the only smart home automation company that offers community WiFi solutions to add onto existing smart home systems. With budget-friendly options, SmartRent makes it an easy choice to add community WiFi at a reasonable price. A typical smart apartment or home is equipped with a hub, lock, thermostat and a leak sensor or two. Other devices that work with the SmartRent system include smart lighting and plugs, shades, garage door controllers, doorbells, video intercoms, sensors that detect motion and unintentional openings, and so many more.
Edge Out Competition
SmartRent’s smart home automation solution equips residents with one robust app that provides complete control and remote management of their devices and home settings. When a resident moves out, site staff can easily transfer the apartment or home from occupied to vacant, triggering a succession of automated actions. Through SmartRent’s software, communities can create their ideal "Vacant Mode" automations to have access codes removed from locks, work orders created for turn requests, and energy saving modes activated, like having the thermostat temperature adjusted and lights switched off. Voice assistants are revolutionizing the home automation experience to provide an amazing way to interact and control smart home devices through the use of voice commands. SmartRent offer voice-enabled features with the SmartRent app as well as the ability to connect a personal voice assistant device. Ask your favorite voice assistant to turn on lights, change the temperature, lock the door and more! SmartRent’s self-guided touring technology allows prospective residents and homeowners to safely tour communities and homes with no interaction from property staff needed. Over 60 percent of prospective renters are searching for self-tours homes for rent on their mobile devices. Empower them to continue their search through our web-based self-guided tour experience. It saves time and money, providing the ability for prospects to schedule a tour when it is most convenient for them. With self-guided tours, multiple tours can occur simultaneously. This leads to more prospects, faster leasing and fewer vacant units. Increase the interest in homes with larger lead volume. Self-Guided Tours and Smart Home solutions contribute to more exposure which allows builders to grow sales pipeline and drive revenue. Alloy SmartHome will increase visibility and demand in model homes.
Smart Home technology provides a competitive advantage that will attract more potential buyers, leading to an accelerated sales process and an increase in sales pace each month. By investing in Self-Guided Tours, builders can expect to see homes under contract faster. By becoming a SmartRent channel partner, you can provide more options for your customers, creating a larger revenue stream for your business. Instead of only being able to offer one piece of the puzzle, you’ll now have access to SmartRent’s extensive smart building products and solutions to deploy. SmartRent is the only platform that can offer your customers a single solution from community access control to in-home automation technology. From in-unit home automation technology, to access control and video intercom systems, only SmartRent offers a full ecosystem of smart building technology. With easy-to-use task management app, users can manage access and smart home installation projects, assign tasks and more. Alloy Install also helps to enforce quality control. With checklists and photo submissions, you can better ensure that standards are upheld across all properties and job sites, regardless of which contractor is completing the smart home installation. Installers can also complete testing within the app to ensure that the devices are paired to the hub and are functioning properly.
Leader behind the success of SmartRent
Lucas Haldeman, Chairman, Chief Executive Officer and founder of SmartRent, has spent the last two decades innovating and developing property management technology for the real estate industry. Prior to founding SmartRent in 2017, Mr. Haldeman served as the Chief Technology and Marketing Officer of Colony Starwood Homes (formerly NYSE: SFR and now part of Invitation Homes Inc. (NYSE: INVH)) from 2013 through 2016 where he and his team developed a platform that was instrumental in helping the business acquire, renovate, lease and manage more than 30,000 single family homes. Previously, he served as the Chief Information and Marketing Officer for Beazer (NYSE: BZH) Pre-Owned Rental Homes from 2012 through 2013, and was the founder and managing partner of Nexus Property Management from 2006 through 2012. Mr. Haldeman earned his Bachelor of Special Studies degree from Cornell College.